In 2013, Apple has hit the #1 spot on the top global brand list beating out Coca-Cola. Apple’s had profits of 93 Billion dollars last year and is not going anywhere soon. Unfortunately everyone makes mistakes and Apple made a big one in Japan. The Apple iPhone has been standardized all over the worked with the same types of hardware no matter where it’s sold. What Apple failed to realize is that the market for smart phones in Japan is much more competitive than the United States.
Consumers account for 70 percent of our economy and if they have more buying power it will mean good news for the shareholders. The unemployment rate has also dropped to 6.7 percent, this is a major figure because it clearly shows how many people are not having money to spend, especially when a company like Sony relies on selling expensive TV’s and home entertainment devices. As the economy is slowly getting better so is our technology. Technology is what keeps business afloat for Sony, without trying to make any advances they will go out of business rather quickly. Last year Sony launched the PlayStation 4, it was known as the biggest Console launches of all time selling over 1 million units in 24 hours (Clemmer).
The company that tops this dream list is Apple, which with $ 104.3 billion is nearly double its nearest rival Microsoft, which at $56.7 billion occupies the second position. This figure is remarkable considering the fact that the stocks of Apple fell by around 45% from its high in September 2012 before recovering to some extent. This shows that Apple brand has captured the imagination of millions of consumers worldwide owing to its unrelenting focus on innovation and excellence, and a slight dip in the sales figures in recent times has not diminished the magic of owning an Apple product. The new device launched by Apple has onc... ... middle of paper ... ...n, the USA based companies accounted for a little more than half of the entries followed distantly by Germany, France, and Japan. While a list like this is helpful to find the position of your company in the world’s industrial map, we must never forget that the fast changing technology world could be very cruel as evident from the two recent cases of Blackberry and Nokia.
Along with the majority of the people who did switch were from the Android operating system. One of the major economic trends that Apple has to pay close attention to is the ever increase income inequality. This would impact Apple because the middle class is where they get the majority of their profits, not the top 1 percent of the world. This ever increasing income inequality will cause Apple and other competitors to continue to innovate different ways to make their items cheaper, so that the average person can afford their products. 22.9 percent of the world 's population holds only 13.7 percent
What Went Wrong? With the iPhone, selling out in most markets worldwide why was the astonishing device not selling in the Japanese market. Apple had several mi... ... middle of paper ... ...rom http://www.wired.com/gadgetlab/2009/02/why-the-iphone/ Eurotechnology-Japan. (2013). Doing business in Japan.
For this reason, Samsung was able to easily transition into a major player in the electronic products and home appliances market (Quelch & Harrington, 2008). SEC was mainly focused in manufacturing; therefore, it’s no surprise that the executives themselves were also focused on their manufacturing plants. Profits that SEC received were soon reinvested into Research & Development, manufacturing, and supply chain activities. Unexpectedly, in 1997, a financial crisis hit the Asian market. Even though SEC’s sales were $16 billion, they still had a negative net profit.
Unemployment has fallen from 6% to about 4%, and inflation just keeps getting lower and lower. Leaving out food and energy, consumer inflation in 1999 was only 1.9%, the smallest increase in 34 years. This spectacular boom was not built on smoke and mirrors. Rather, it reflects a willingness to undertake massive risky investments in innovative information technology, combined with a decade of retooling U.S. financial markets, governments, and corporations to cut costs and increase flexibility and efficiency. The result is the so-called New Economy: faster growth and lower inflation.
The success of the Japanese firms such as NEC was overwhelming and by the 1980s Japan had overtaken the United States to become the worlds leading semiconductor producer. Semiconductor manufacturers located in these areas for many reasons, one of them was because of technological factors. The industry was separated in location by the stages of production, the low cost assembly production was often cre... ... middle of paper ... ...antage of this and expand within these countries. Another area where by governments helped the industry was by establishing high technology industrial parks to attract semiconductor manufacturers. These areas are well serviced with suitable infrastructure and are often near research facilities provided by universities.
On the other hand, because of its early dominance in the industry, Intel has faced antitrust and unfair competition allegations from AMD, DEC, the FTC, etc. Conclusion Even though Intel is in an industry where competition coming from one other processor-maker, it has continued to leverage its competitive advantages, mainly its forward-facing innovative team in its management and R&D, to stay ahead of the competition. Intel is not only battling competition, but also technology. Processors can only become smaller as technology allows it. Intel is working hard, investing more in R&D, and continuing its marketing efforts in order to stay relevant and avoid becoming obsolete.
In 1997, when Kwang Ro Kim, LG Electronics India's managing director, said that his company would be India's largest consumer electronics company by 2005, nobody took him seriously. That was the year LG, the Korean chaebol, had set up its 100% subsidiary. The perception of LG's brand was miles below that of Japanese giants like Sony or National Panasonic. Then there were street smart Indian players like BPL, Videocon and Onida who could give the Koreans a run for their money. Kim's grandiose vision was just a pipe dream, cynics wouldn't tire of saying.